Us, Investors Plan $20bn Power Plant In Katsina - Politics

Us, Investors Plan $20bn Power Plant In Katsina - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Us, Investors Plan $20bn Power Plant In Katsina (8687 Views)

Us, Investors Plan $20bn Power Plant In Katsina by Idrismusty97(op): 10:18pm On Oct 22, 2014

https://www.dailytrust.com.ng/daily/images/Infokast.jpg
United States government officials and a consortium of companies have arrived in Katsina State for feasibility studies on a 1000 megawatts gas plant to be financed from the $20 billion Power-for-Africa grant from the US government.
Six other African countries - Tanzania, Kenya, Ethiopia, Ghana and Liberia - are to benefit from the grant aimed at improving power supply on the continent.
The officials are looking at the possibility of laying a pipeline from the Soraz Refinery in Niger Republic to the project site in Kastina. Special Assistant to the US president on Power in Africa, Mr Robert Obrien, who led the delegation to the state, said under the agreement, the US government would provide $14 billion while the private investors would inject $6 billion.
An investor, Mr Peter Butt, said 300mgw of power from the plant would be stepped down in Katsina while the remaining would go to neighbouring states.
Governor Ibrahim Shema assured of his administration’s readiness to provide the needed infrastructure to ensure success of the project, saying the peaceful atmosphere in the state and its strategic location attracted the investors.
The state Commissioner for Works, Abdul-aziz Kaita, said the team had already visited many proposed sites for the project and several dams which could be used to cool the turbines, saying they were in talks with relevant government agencies on the actualisation of the project.
An environmental impact assessment is also expected to be carried out to ensure smooth take- off of the project, he said.
http://www.dailytrust.com.ng/daily/top-stories/37475-us-investors-plan-20bn-power-plant-in-katsina

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Re: Us, Investors Plan $20bn Power Plant In Katsina by IGBOSON1: 10:23pm On Oct 22, 2014

I don't think the entire power project in Katsina will cost that; the $20 billion is for all projects planned under the power-for-Africa initiative!

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Jinyjagz(m): 10:27pm On Oct 22, 2014

20bn !!! is to much Na,...haba mana...

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Idrismusty97(op): 10:28pm On Oct 22, 2014

IGBOSON1:
I don't think the entire power project in Katsina will cost that; the $20 billion is for all projects planned under the power-for-Africa initiative!

You are right. This is a project that will benefit the whole of the continent. Kastina is just part of the plan. A pipeline from the Soraz Refinery in Niger Republic would be laid to the project site in Kastina.

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Re: Us, Investors Plan $20bn Power Plant In Katsina by politricks: 10:30pm On Oct 22, 2014*

Nice one but pls none of this money should find its way to our politician's hand before i start hearing stories that touch the heart.

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Idrismusty97(op): 10:31pm On Oct 22, 2014

Jinyjagz:
20bn !!! is to much Na,...haba mana...

Don't worry... The US government will produced $14bn while private investors would produced $6bn. So the motive behind this is definitely profit driven. Since private investors are involved it would be completed in no time! Nigeria needs to open up for more private investors/projects if we really want this country to develop. They don't waste time like the government.

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Nobody: 10:34pm On Oct 22, 2014

Why not take the plant to states with gas in abundance and nearby so as to reduce the risk of pipeline vandalism in future?

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Re: Us, Investors Plan $20bn Power Plant In Katsina by gidjah(m): 10:48pm On Oct 22, 2014

BUILD D POWER PLANT and wait for boko haram or other crisis,those plants will be destroyed by them without thinkin back

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Re: Us, Investors Plan $20bn Power Plant In Katsina by omenka(m): 10:52pm On Oct 22, 2014

Most misleading title ever!!!

Don't we have editors in newspaper houses anymore huh

What manner of oversight is this huh

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Collynzo29: 10:56pm On Oct 22, 2014

IGBOSON1:
I don't think the entire power project in Katsina will cost that; the $20 billion is for all projects planned under the power-for-Africa initiative!

I was scared when I read that at first.
You are right, the $20 bn is for the projects across Africa, I remember when Obama made the announcement on his visit to some African countries.

Re: Us, Investors Plan $20bn Power Plant In Katsina by MeAboki(m): 10:59pm On Oct 22, 2014

This is indeed a welcomed development and no doubt of benefit to kano, whose its erstwhile vibrant industries have been deprived of its full quota of energy by successive wicked PDP governments - because of politics.

It is equally reassuring to source the power plant's gas supply through pipelines from neighbouring Niger, which is more stable and friendly, rather than from the south in view of potential risk from saboteurs (from the creeks).

It is also a big up as a whole for northern Nigeria; well done USA, we thank you for this support.

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Idrismusty97(op): 10:59pm On Oct 22, 2014*

gidjah:
BUILD D POWER PLANT and wait for boko haram or other crisis,those plants will be destroyed by them without thinkin back

Sincere9gerian:
Why not take the plant to states with gas in abundance and nearby so as to reduce the risk of pipeline vandalism in future?

Don't you get it? A pipeline would be laid from Niger republic to the project site in Katsina. Where is "Niger republic" located in the map of West Africa? Even if they shift the "Project site" to the SS,SE or SW the pipe will definitely still pass through the North(The North is closer to Niger republic). The pipe wouldn't pass through thin air so it will still be at risks of your so called "vandalism" no matter the region the "project site" would be located. Building a pipe all the way to the SS may be a waste of fund. I don't know why the investors chooses the Soraz refinery in Niger republic, but as long as that is their final option the North(Kastina especially) would be the best destination for a Project site.

IMO, I think because this is a project to benefit the whole of the continent(Not just Nigeria) the North was chosen. Northern Nigeria alone is bordered by Chad, Cameroon, Niger republic and Benin republic. Since electricity cannot be transported through thin air the North is at closer reach to the rest of the continent.

And don't forget power generation was recently dropped by a whopping 1,000MW due to pipeline vandalism. Are those pipelines in the North? The north is even safer.
http://www.punchng.com/news/power-generation-drops-by-1000mw-to-2513mw/

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Rikidony(m): 11:02pm On Oct 22, 2014

PLS CAN U GUYS TELL ME HW MANY MW OF ELECTRICITY WILL BE GENERATED THERE IN KADUNA

Re: Us, Investors Plan $20bn Power Plant In Katsina by MeAboki(m): 11:14pm On Oct 22, 2014*

gidjah:
BUILD D POWER PLANT and wait for boko haram or other crisis,those plants will be destroyed by them without thinkin back

See bad belle, what about those creekbillies in the south blowing pipelines everyday; isn't it instructive to note that the Oyinbos have already weighed carefully where most of the risk lies and decided to hedge their bet by investing their money in the relatively safer north.
Yes, there is Boko Haram; but we are beginning to see the hands of their real sponsors - ask oga at the Top, he knows them all.

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Nobody: 12:14am On Oct 23, 2014

Rikidony:
PLS CAN U GUYS TELL ME HW MANY MW OF ELECTRICITY WILL BE GENERATED THERE IN KADUNA

don't b suprised it won't b more than 400mw. All dose figures($20bn) na wash

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Nobody: 5:45am On Oct 23, 2014

Each year,a firm or organization from outta africa always come to invest in our power plants...But instead of it growing,it keeps dropping like its hot grin

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Re: Us, Investors Plan $20bn Power Plant In Katsina by ayusco85(m): 5:45am On Oct 23, 2014

Nigerias light problem is more spiri spiritual than physical, sincw 1999 we can only generate 300MW

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Re: Us, Investors Plan $20bn Power Plant In Katsina by preach93: 5:46am On Oct 23, 2014

Nigeria as a country is beginning to move ahead and am beginning to be proud to be a citizen grin

www..com

Re: Us, Investors Plan $20bn Power Plant In Katsina by bunmioguns(m): 5:49am On Oct 23, 2014

Good news

Re: Us, Investors Plan $20bn Power Plant In Katsina by gbodimowo(m): 5:55am On Oct 23, 2014

Will our importers make it work

Re: Us, Investors Plan $20bn Power Plant In Katsina by Damalex4luv(m): 5:55am On Oct 23, 2014

Re: Us, Investors Plan $20bn Power Plant In Katsina by ichidodo: 5:58am On Oct 23, 2014

Re: Us, Investors Plan $20bn Power Plant In Katsina by chiboy11(m): 6:00am On Oct 23, 2014

Dis country na everyday dey go dey build power plant yet light I no see, abeg make I go back to bed joor

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Re: Us, Investors Plan $20bn Power Plant In Katsina by Kingsimmer(m): 6:00am On Oct 23, 2014*

its Thursday morning!!!!!!!!!!!!!!!!!!!!

Re: Us, Investors Plan $20bn Power Plant In Katsina by tyconcepts(f): 6:01am On Oct 23, 2014

The whole Nigeria needs light....

Re: Us, Investors Plan $20bn Power Plant In Katsina by bishophenry(m): 6:02am On Oct 23, 2014

Worthless effort. Invest $20bn in KASTINA.... Dats not investment. Story for the gods

Re: Us, Investors Plan $20bn Power Plant In Katsina by Innodon(m): 6:06am On Oct 23, 2014

all in anticipation of 2015...incase GMB wins

Re: Us, Investors Plan $20bn Power Plant In Katsina by Ojestas(m): 6:07am On Oct 23, 2014

Waiting

Re: Us, Investors Plan $20bn Power Plant In Katsina by Odisco2(m): 6:08am On Oct 23, 2014

Shehu Shema, *clears throat* Are You really talking about KATSINA state as regards to INVESTORS ? I see No investment in KATSINA apart from small scale businesses

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